Civic Intelligence

Mcfarland Education Foundation Inc.

990 • Fiscal year 2019 • EIN 39-1589889

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 02, 2020

5101 Farwell StreetMcfarland, WI 53558-0206

(608) 235-6902

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

3rd percentile

-101%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

37th percentile

-0.8%

Faster asset growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-53%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$705,751

Down $5,411 (-0.8%) from 2018

Net Assets

Down

$705,751

Down $5,411 (-0.8%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$54,726

Down $60,640 (-53%) from 2018

Expenses

Up

$110,216

Up $33,383 (+43%) from 2018

Net Income

Down

-$55,490

Down $94,023 (-244%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $263,057Liabilities 2011: $3,993Net Assets 2011: $259,0642011Assets 2012: $342,936Liabilities 2012: $6,810Net Assets 2012: $336,1262012Assets 2013: $386,236Liabilities 2013: $10,255Net Assets 2013: $375,9812013Assets 2014: $477,768Liabilities 2014: $40,348Net Assets 2014: $437,4202014Assets 2015: $512,630Liabilities 2015: $500Net Assets 2015: $512,1302015Assets 2016: $496,356Liabilities 2016: $500Net Assets 2016: $495,8562016Assets 2017: $663,205Liabilities 2017: $500Net Assets 2017: $662,7052017Assets 2018: $711,162Liabilities 2018: $0Net Assets 2018: $711,1622018Assets 2019: $705,751Liabilities 2019: $0Net Assets 2019: $705,7512019Assets 2020: $694,685Liabilities 2020: $0Net Assets 2020: $694,6852020Assets 2021: $857,039Liabilities 2021: $0Net Assets 2021: $857,0392021Assets 2022: $765,231Liabilities 2022: $0Net Assets 2022: $765,2312022Assets 2023: $801,548Liabilities 2023: $0Net Assets 2023: $801,5482023Assets 2024: $861,270Liabilities 2024: $0Net Assets 2024: $861,2702024

Highlighted filing

2019

Assets$705,751
Liabilities$0
Net Assets$705,751

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $64,824Expenses 2011: $41,029Net Income 2011: $23,7952011Revenue 2012: $117,408Expenses 2012: $40,346Net Income 2012: $77,0622012Revenue 2013: $85,492Expenses 2013: $45,637Net Income 2013: $39,8552013Revenue 2014: $119,407Expenses 2014: $57,968Net Income 2014: $61,4392014Revenue 2015: $93,859Expenses 2015: $61,789Net Income 2015: $32,0702015Revenue 2016: $94,000Expenses 2016: $90,650Net Income 2016: $3,3502016Revenue 2017: $181,600Expenses 2017: $68,919Net Income 2017: $112,6812017Revenue 2018: $115,366Expenses 2018: $76,833Net Income 2018: $38,5332018Revenue 2019: $54,726Expenses 2019: $110,216Net Income 2019: -$55,4902019Revenue 2020: $52,880Expenses 2020: $67,053Net Income 2020: -$14,1732020Revenue 2021: $36,391Expenses 2021: $59,315Net Income 2021: -$22,9242021Revenue 2022: $59,434Expenses 2022: $69,181Net Income 2022: -$9,7472022Revenue 2023: $51,269Expenses 2023: $65,624Net Income 2023: -$14,3552023Revenue 2024: $54,914Expenses 2024: $82,872Net Income 2024: -$27,9582024

Highlighted filing

2019

Revenue$54,726
Expenses$110,216
Net Income-$55,490
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 2, 2020
Return Version
2018v3.1
Gross Receipts
$177,419
Mission and Program Overview

Mission

Mcfarland education foundation's mission is to expand access to higher education by providing scholarships to mcfarland graduates and to provide funding for intiatives that enhance education opportunities for mcfarland schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$647,496$663,026▲ $15,530
Savings and Temporary Cash Investments$32,940$25,263▼ $7,677
Cash and Non-Interest-Bearing Accounts$30,726$17,462▼ $13,264
Total Assets$711,162$705,751▼ $5,411
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$711,162$705,751▼ $5,411
Total Net Assets Fund Balance$711,162$705,751▼ $5,411
Total Liabilities and Net Assets / Fund Balance$711,162$705,751▼ $5,411
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike SmitsPast President
Michelle GarveyPresident
Andrew BriddellDirector
Brad PaulsonDirector
Brett RiemanDirector
Bryce BeckerDirector
Dave CappozzoDirector
David DavisDirector
Erinn KolkDirector
Ian MuehlenhauseDirector
Jeff FinstadDirector
Katie WilliquetteDirector
Ken LandoltDirector
Kristi ThorsonDirector
Lindsey LambDirector
Renee BaileyDirector
Tamie KlumpyanDirector
Toni StolarikDirector
Stefanie FeralinSecretary
Kathy PakesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$21,694
Program Service Revenue
$0
Investment Income
$24,607
Other Revenue
$8,425
All Other Contributions
$13,978
Change in Net Assets
$-55,490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$92,759
Other Expenses$17,457
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$92,759--$92,759
Fees for Service Investment Mgmnt Fees-$6,471-$6,471
Fees for Services Other$6,113--$6,113
Office Expenses$1,875--$1,875
Other Expenses-$1,128-$1,128
Total Functional Expenses$100,747$9,469$0$110,216
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$12,573
Fundraising Direct Expenses$4,148
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Event$11,559$9,773-$9,773
Golf Outing$8,730$2,800$2,772$28
Total Events$20,289$12,573$4,148$8,425
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The executive committee reviews the form 990 before it is filed with the irs.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, policies and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Mcfarland Education Foundation
EIN
39-1589889
Phone
6082356902
Address
5101 FARWELL STREET, MCFARLAND, WI 53558-0206

Signing Officer

Name
Michelle Garvey
Title
President
Phone
6082356902
Signed
2020-01-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Garvey
Formed
1992
Legal Domicile
Wi
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
20

Preparer

Firm
Sva Certified Public Accts Sc
Address
1221 JOHN Q HAMMONS DRIVE, MADISON, WI 53717
Preparer
Kirsten Houghton
Phone
6088318181
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IRS990/OfficeExpensesGrp/TotalAmt01875
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SALES TAX
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01870
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11128
IRS990/OtherExpensesGrp/TotalAmt01870
IRS990/OtherExpensesGrp/TotalAmt11128
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHELLE GARVEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt079069
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt058425
IRS990/PYInvestmentIncomeAmt034594
IRS990/PYOtherExpensesAmt018408
IRS990/PYOtherRevenueAmt01703
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt038533
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt076833
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0115366
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-55490
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032940
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025263
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021694
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt079069
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0163302
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt072193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt071769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0408027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014701
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015427
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014084
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09826
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010044
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt064082
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64940
IRS990ScheduleA/PublicSupportPY170Pct00.65970
IRS990ScheduleA/PublicSupportTotal170Amt0306564
IRS990ScheduleA/SubstantialContributorsTotAmt0101463
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt079069
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0163302
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt072193
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt071769
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0408027
IRS990ScheduleA/TotalSupportAmt0472109
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt07716
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01786
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt05930
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04148
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0400
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0400
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0976
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0976
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011559
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08730
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020289
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09773
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt02800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt012573
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08425
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02772
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02772
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt092759
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt086
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL DISTRICT VERIFIES THE FUNDS WERE USED IN A MANNER CONSISTENT WITH THE STATED PURPOSE OF THE GRANT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0711162
IRS990/TotalAssetsEOYAmt0705751
IRS990/TotalAssetsGrp/BOYAmt0711162
IRS990/TotalAssetsGrp/EOYAmt0705751
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt021694
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09469
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0100747
IRS990/TotalFunctionalExpensesGrp/TotalAmt0110216
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0711162

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.61$0.00$8.61$0.55$0.83$0.28
2023Detailed filing. Detailed filing data is available for this year.$8.02$0.00$8.02$0.51$0.66$0.14
2022Detailed filing. Detailed filing data is available for this year.$7.65$0.00$7.65$0.59$0.69$0.10
2021Detailed filing. Detailed filing data is available for this year.$8.57$0.00$8.57$0.36$0.59$0.23
2020Detailed filing. Detailed filing data is available for this year.$6.95$0.00$6.95$0.53$0.67$0.14
2019Detailed filing. Detailed filing data is available for this year.$7.06$0.00$7.06$0.55$1.10$0.55
2018Summary only. Only limited summary data is available for this year.$7.11$0.00$7.11$1.15$0.77$0.39
2017Summary only. Only limited summary data is available for this year.$6.63$0.01$6.63$1.82$0.69$1.13
2016Summary only. Only limited summary data is available for this year.$4.96$0.01$4.96$0.94$0.91$0.03
2015Summary only. Only limited summary data is available for this year.$5.13$0.01$5.12$0.94$0.62$0.32
2014Detailed filing. Detailed filing data is available for this year.$4.78$0.40$4.37$1.19$0.58$0.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$0.10$3.76$0.85$0.46$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$0.07$3.36$1.17$0.40$0.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.04$2.59$0.65$0.41$0.24